TRON (TRX) is currently experiencing a significant upward price movement, recently climbing over 5% and breaching the $0.31 mark, now trading around $0.3132. This performance suggests a growing interest in the TRX market, backed by strong on-chain signals. On-chain analyst Maartunn's insights from CryptoQuant's QuickTake platform highlight a sustained buyer dominance. Maartunn's analysis focuses on the Spot Taker Cumulative Volume Delta (CVD), which measures the net difference between market buy and sell volumes over a 90-day period. A rising and positive CVD, as seen with TRX, indicates an aggressive buyer-dominated phase, often preceding upward price trends. This intense buying pressure is fueled by several factors, including increased TRON network usage and significant ecosystem developments. Notable developments include the debut of the first TRON Treasury Company and continued robust stablecoin activity on the blockchain. The TRON network itself demonstrates remarkable stability, producing approximately 28,500 blocks daily with minimal volatility. This stability provides a reliable infrastructure capable of handling high transaction volumes. In Q2 2025 alone, TRON recorded over 780 million transactions, marking a substantial 37% year-over-year increase. Despite this heavy throughput, the network has maintained consistent block production. These positive trends, including sustained buyer activity and continuous network enhancements like the Dynamic Energy Model (Proposal #84) and professional security audits, position TRX for potential further growth in the coming months.
Summary: TRON (TRX) Above $0.31, But Is It Just the Beginning? Key Metric Shows Buyers Dominating
Published: 1 month and 18 days ago
Based on article from NewsBTC